Washington man pleads guilty to $97M oil investment laundering scam

SEATTLE — A 47-year-old Washington state man pleaded guilty Friday to conspiracy to commit money laundering in a scheme that funneled nearly $100 million in fraud proceeds from phony oil and gas investments to overseas cryptocurrency wallets, federal prosecutors said. Geoffrey K. Auyeung, of Newcastle, admitted setting up nine business entities to receive funds from […]

Apple expands its $600 billion American Manufacturing Program to Kentucky

WASHINGTON, D.C.—Apple announced on Wednesday, August 6, a $600 billion investment in the United States over the next four years, with $2.5 billion earmarked for a state-of-the-art smart glass production line in Harrodsburg, Kentucky. Apple CEO Tim Cook’s announcement in the Oval Office of the White House, is an expansion of $100 billion from a […]